In The Same Year That EA Cut 700 Jobs, Its CEO Earned $25 Million
Andrew Wilson, the CEO of Electronic Arts, earned $25 million during the same 12-month period that the publishing giant laid off nearly 700 employees.
The figure was disclosed during a recent financial report for EA’s FY2024, a period in which the company paid out over $60 million to some of the publisher’s top executives. This is the same period where EA laid off around 5% of its global workforce.
The 96-page report went into great detail regarding compensation, bonus and audit at EA, which named Wilson as the top earner at the industry giant, with $25.6 million pocketed in stock awards, base salary, incentive-based compensation, and ‘other’ compensation.
Related Content — Upcoming PS5 Games 2024: The Best PS5 Games Coming Soon
Wilson recently broached the topic of implementing advertisements in triple-A games, suggesting the move could prove a “meaningful driver of growth.” The executive also claimed that its various studios have a ‘real hunger‘ to utilise generative AI to speed up development.
This isn’t the first time that Wilson has touched on the benefits of AI, stating back in March that generative AI could boost monetisation by as much as 20% over five years.
[Source – EA Report Via Insider Gaming]
